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For sale
    • Price increase: $59.1K (5/22)
    $299,000

    507 E Locust St Unit 207, Des Moines, IA 50309

    2beds
    1,427sqft
    : 
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    Townhouse, Condominium
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $210/sqft
    $500/mo HOA

    What's special

    Gleaming hardwood floorsExposed brick walls
    Experience elevated urban living in the heart of Des Moines’ Historic East Village at Capitol Village Lofts. Unit 207 at 507 E Locust Street blends timeless warehouse character with modern comfort, featuring soaring 12-foot ceilings, exposed brick walls, gleaming hardwood floors, and an open-concept layout designed for both everyday living and entertaining. This spacious 2-bedroom, 2 bath condo offers more than 1,400 square feet of living space. Brand-new walk-in shower added in 2026! Updated kitchen with granite countertops and stainless steel appliances, and a private balcony overlooking the vibrant East Village neighborhood. Enjoy the convenience of a deeded parking space, elevator access, and a pet-friendly building, all just steps from local restaurants, coffee shops, nightlife, boutique shopping, the Iowa State Capitol, and downtown Des Moines. Whether you're looking for a stylish primary residence or the perfect low-maintenance downtown lifestyle, Unit 207 delivers historic charm, walkability, and modern city living in one unique package. Beautiful place to live or hold as an investment property. Roommate friendly. Long term and short term rental friendly.
    53 days
    |
    486
    |
    22
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Beth Cochran bethanycochranrealtor@gmail.com,

    Agency Iowa,

    Matthew Gooding 515-943-1168,

    Agency Iowa

    Source: DMMLS,MLS#: 741449MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bedrooms: 2
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Stove
      Features
      • Eat-in Kitchen
      • Flooring: Carpet, Hardwood
      Interior area
      • Total structure area: 1,427
      • Total interior livable area: 1,427 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage
      • Garage spaces: 1
      Features
      • Stories: 1
      Details
      • Parcel number: 04000614011000
      • Zoning: DX2

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Ranch
      • Property subtype: Townhouse, Condominium
      Materials
      • Brick
      • Roof: Asphalt,Shingle
      Condition
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Fire Alarm
      HOA
      • Has HOA: Yes
      • HOA fee: $500 monthly
      • HOA name: Capitol Village Lofts
      • Second HOA name: Hubbell Property Management
      Location
      • Region: Des Moines

      Financial & listing details

      • Price per square foot: $210/sqft
      • Tax assessed value: $306,300
      • Annual tax amount: $5,773
      • Date on market: 5/22/2026
      • Cumulative days on market: 53 days
      • Listing terms: Cash,Conventional,FHA
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/22/2026Price change$299,000+24.6%$210/sqft
        Source: DMMLS #741449 Report a problem
        7/9/2025Price change$239,900-4%$168/sqft
        Source: DMMLS #712794 Report a problem
        3/3/2025Price change$249,900-5.3%$175/sqft
        Source: DMMLS #712794 Report a problem
        9/11/2024Price change$264,000-3.6%$185/sqft
        Source: DMMLS #700291 Report a problem
        7/18/2024Price change$274,000-3.5%$192/sqft
        Source: DMMLS #688156 Report a problem
        5/10/2024Price change$284,000-3.4%$199/sqft
        Source: DMMLS #688156 Report a problem
        4/15/2024Price change$294,000-1.7%$206/sqft
        Source: DMMLS #688156 Report a problem
        3/7/2024Price change$299,000-2%$210/sqft
        Source: DMMLS #688156 Report a problem
        2/23/2024Price change$305,000-1.6%$214/sqft
        Source: DMMLS #688156 Report a problem
        1/24/2024Listed for sale$310,000+27.8%$217/sqft
        Source: DMMLS #688156 Report a problem
        8/10/2018Sold$242,500-2.8%$170/sqft
        Source: DMMLS #564696 Report a problem
        7/30/2018Pending sale$249,500$175/sqft
        Source: RE/MAX Concepts #564696 Report a problem
        5/25/2018Listed for sale$249,500$175/sqft
        Source: Owner Report a problem
        4/5/2018Listing removed$249,500$175/sqft
        Source: Owner Report a problem
        3/30/2018Price change$249,500-2.2%$175/sqft
        Source: Owner Report a problem
        3/15/2018Listed for sale$255,000+10.9%$179/sqft
        Source: Owner Report a problem
        2/9/2015Sold$230,000-2.1%$161/sqft
        Source: DMMLS #443791 Report a problem
        10/9/2014Listed for sale$234,900$165/sqft
        Source: Iowa Realty Co., Inc. #443791 Report a problem
        2/2/2013Listing removed$1,400$1/sqft
        Source: Accurate Dent Report a problem
        12/5/2012Listed for rent$1,400$1/sqft
        Source: Accurate Dent Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,058 +2%$306,300 +1.5%
        2024$5,938 -7%$301,800
        2023$6,384 +0.8%$301,800 +11.4%
        2022$6,336 +7.8%$270,900
        2021$5,876 -3.8%$270,900 +15%
        2020$6,106 +7.1%$235,500
        2019$5,700 +5.4%$235,500 +11%
        2018$5,410 $212,100
        2017$5,410 +216%$212,100 -5.1%
        2016$1,712 $223,500 -7.5%
        2015$1,712 -3.7%$241,500
        2014$1,778 $241,500
        2013-- $241,500 -9%
        2012-- $265,300
        2011-- $265,300 -7%
        2010-- $285,200
        2009-- $285,200 +4.6%
        2008-- $272,700
        2007-- $272,700 +3.3%
        2006-- $264,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: East Village

        Getting around

        79 / 100
        Very Walkable
        50 / 100
        Good Transit
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Des Moines Independent

        Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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